Dáil debates

Tuesday, 3 March 2015

4:05 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

That shows the extent of the solutions reached when there is engagement between the borrower and whoever is the lender. During the same period, for Deputy Micheál Martin's information, the number of permanent restructures for family homes by the six main banks increased from 41,000 to 91,000. That is 50,000 family homes in respect of which agreement was reached on a sustainable solution for the future to give them a degree of certainty, but I admit we are not seeing the same progress being made in the most difficult cases - those in arrears for more than two years. The Bill being put forward by Deputy Michael McGrath does not deal with these people. I admit, of course, that it is right and proper to talk about these issues-----

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